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Lightning Network News

What is Lightning Network? The Lightning Network is a Bitcoin scalability solution. The Bitcoin Lightning Network operates as a layer-two transaction network involving payment channels separate from Bitcoin’s main blockchain, with transactions eventually being settled on the main blockchain.

Bitcoin can only handle approximately seven on-chain transactions per second, as opposed to some mainstream credit cards that frequently handle north of 1,000 TPS. Bitcoin transactions on the Lightning Network often cost less than on-chain transactions. Thanks to the Lightning Network, Bitcoin has added versatility amid increasing use. The Lightning Network white paper was first released in 2015, but its most recently updated version was released in 2016 and remains in draft form.

Top News

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

'Much ow' ahead? Dogecoin chart fractal puts Shiba Inu's 390% QTD rally in danger

Shiba Inu rebounds 40% despite major selling by SHIB whales

One currency to rule them all: Facebook’s Diem has global ambitions

Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days

Strategic investor Lyn Alden's outlook on Bitcoin remains bullish despite growing risks

Bitcoin still on track to $100K despite growing risks, says strategic investor Lyn Alden

Marco Castrovilli

2021-05-15T19:29:34+01:00

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The upcoming Taproot activation stands to potentially make the Bitcoin ecosystem more user-friendly as well as secure.

Bitcoin’s upcoming Taproot upgrade and why it matters for the network

2021-05-07T15:54:00+01:00

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The latest spike in BTC transaction fees comes amid a major decline in the Bitcoin network hash rate.

Bitcoin transactions fees in US dollars near all-time high levels

2021-04-20T11:32:49+01:00

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The quest for a workable Bitcoin scalability solution is still ongoing with developmental efforts in protocols like the Lightning Network and Statechains.

Searching deep: The quest for Bitcoin scalability through layer two protocols

Osato Avan-Nomayo

2021-03-07T13:44:00+00:00

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Will Bitcoin’s premier layer-two solution finally graduate from experiment to everyday utility, following its adoption by major exchanges?

Lightning Network node count hits record high, TVL tops $42M

2021-02-11T04:45:07+00:00

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While the number of Bitcoin transactions that can fit in a block remains the same, demand on the network is leading to rising transaction costs.

Bitcoin mempool clogs up with 125K transactions waiting

2021-02-10T04:21:25+00:00

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As Lightning Labs continues to expand the Lightning Network’s capabilities, another major exchange announces its plans to integrate.

OKEx to accelerate Bitcoin transactions with Lightning Network

2021-02-02T15:24:20+00:00

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He feels Bitcoin might need such solutions, even with the coin in a store of value role.

Genesis Mining head forecasts importance of layer-two Bitcoin solutions

2021-01-21T21:47:39+00:00

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